Monday, August 01, 2011

Government Spending

2010 US Spending:

So we want the government to do all kinds of things for us. All kinds of great services. And there isn't anything wrong with that, but how are they going to be paid for? The middle and lower classes are paying a lot and keep paying more due to raising food and fuel prices. Additional taxes keep being tacked on by local/state governments to help pay for their deficits.

Pretty soon we simple wont have the money left to pay for anything. Who pays then? Businesses? The Wealthy? Every time someone suggests they should pay more we hear, "Why are you wanting to punish their success?" and "If you tax us we can't create more jobs" or "They'll just pass the costs to the consumers"

So again I ask...who is going to pay for our government?

We can reduce spending on the military and social security sure. Both those take a huge chunk of our tax dollars but who has the guts to try to do that? Career politicians sure aren't going to do that. They'd lose too many votes!

I fear we are in a downward spiral...and I'm an optimist normally.

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